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trial balances. Your answer is partially correct. Prepare an owner's equity statement. (List items that increase owner's equity first.) Prepare a bal anea sheat. Notes

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trial balances. Your answer is partially correct. Prepare an owner's equity statement. (List items that increase owner's equity first.) Prepare a bal anea sheat. Notes payable are due in 2025 . (List Current Assets in order of liquidity) CARLA VISTA STORE Balance Sheet Nevimber 20, 2022 Assets Prepald limaremes Liabilities and Owner's Equity (b) Journalize the adjusting entries that were made. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is enterea Date Account Titles and Explanation Nov. 30 Nov. 30 (To adjust depreciation on equipment) Nov. 30 (To adjust insurance expense) Nov. 30 (To adjust property tax expense) Nov. 30 Debit Credit (To adjust sales commissions expense) (c) Journalize the closinz entries that are nacassary. (List all debit entries before credit entries. Credit account titles are outomatically indented when amount is Date Account Titles and Explanation Debit Credit Nav 30 (To close accourts with credit balances) Nav 30 (To close accounts with debit balances) Nov 30 (TD close net income / (loss)) Nav 30 (TD close drawings)

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